TikTok agrees to $400 million US children's privacy settlement
TikTok and its parent company ByteDance agreed to a $400 million settlement to resolve U.S. Justice Department allegations of violating children's online privacy laws. The lawsuit claimed TikTok illegally collected personal information from users under age 13 without parental consent. The settlement includes an immediate payment of $300 million and an additional $100 million upon vacating a prior consent decree.